Gary Siegel is a journalist with more than 35 years of experience. He started his professional career at the Long Island Journal newspapers based in Long Beach, N.Y., working his way up from reporter to Assistant Managing Editor. Siegel also worked for Prentice-Hall in Paramus, N.J., covering human resources issues. Siegel has been at The Bond Buyer since 1989, currently covering economic indicators and the Federal Reserve system.
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After President Trump's criticism, the Fed Chairman told the Senate Banking Committee a move would be based on what’s best for the economy.
By Gary SiegelJuly 11 -
Markets took the Federal Reserve Board chairman's comment on increased uncertainty as a signal that a 25 basis point rate cut is coming.
By Gary SiegelJuly 10 -
With the economy strong, Federal Reserve Bank of Philadelphia President Patrick Harker said interest rates should be held for now.
By Gary SiegelJuly 9 -
Consumers see inflation rising 2.7% in the next three years and expect the Fed to cut rates, according to the Federal Reserve Bank of New York’s June Survey of Consumer Expectations.
By Gary SiegelJuly 8 -
Nonfarm payrolls rose 224,000 in June, more than expected, throwing cold water on expectation that the Federal Open Market Committee will cut rates at its July meeting.
By Gary SiegelJuly 5 -
After a string of proposed candidates who didn’t pan out, Trump picks new Fed nominees.
By Gary SiegelJuly 3 -
The dot plot showed the Federal Open Market Committee evenly split between cutting and holding rates, but it's not clear whose dots are whose.
By Gary SiegelJuly 2 -
The U.S. and China are again attempting to work out trade differences, and manufacturing numbers show somewhat weaker expansion. Will this be enough to spur the Federal Reserve to lower interest rates later this month?
By Gary SiegelJuly 1 -
If data remain mixed before the next FOMC meeting, Federal Reserve Bank of San Francisco President Mary C. Daly said a rate cut would be “something to think about.”
By Gary SiegelJune 26 -
Declining consumer confidence and home sales back Powell's assessment that uncertainties are rising.
By Gary SiegelJune 25